Mondi (LON:MNDI) Sets New 12-Month Low – What’s Next?

by · The Markets Daily

Mondi plc (LON:MNDI – Get Free Report)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 1,145.50 ($14.40) and last traded at GBX 1,149 ($14.44), with a volume of 5275625 shares changing hands. The stock had previously closed at GBX 1,189 ($14.94).

Mondi Stock Up 0.0 %

The company has a quick ratio of 1.14, a current ratio of 2.07 and a debt-to-equity ratio of 37.41. The firm has a 50 day moving average price of GBX 1,248.31 and a two-hundred day moving average price of GBX 1,409.23. The company has a market capitalization of £5.05 billion, a price-to-earnings ratio of 1,548.65, a P/E/G ratio of 0.76 and a beta of 0.68.

Insider Buying and Selling at Mondi

In other news, insider Mike Powell purchased 24 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was acquired at an average cost of GBX 1,243 ($15.62) per share, for a total transaction of £298.32 ($374.92). Also, insider Philip Yea bought 10,000 shares of the stock in a transaction on Tuesday, November 12th. The shares were acquired at an average price of GBX 1,176 ($14.78) per share, with a total value of £117,600 ($147,794.39). Insiders have acquired a total of 10,058 shares of company stock valued at $11,835,534 in the last three months. Corporate insiders own 1.36% of the company’s stock.

About Mondi

(Get Free Report)

Mondi plc, together with its subsidiaries, engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, Australia, and internationally. The company operates in three segments: Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper.

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